Today brings the only true “economic data” of the week in the form of Jobless Claims at 8:30am. Markets aren’t necessarily chomping at the bit to react to this release, but it could have some effect. The last of the week’s Treasury auctions wraps up at 1pm and any post-auction-supply rally possibilities will be evident (or not) shortly thereafter. If we happen to be rallying, what we’re hoping to see is a challenge of the prevailing uptrend intact since late May.